HDFC ELSS Tax saver
HDFC Mutual Fund·ELSS - Tax Saver Fund·vs Nifty 500 TRI
HDFC ELSS maintains a distinctly bank-heavy portfolio with nearly 35 percent exposure to financial services, signaling confidence in lending growth and margin expansion amid economic expansion. The manager's addition of defensive consumer play Hindustan Unilever while trimming insurance suggests a tactical shift toward stability, though top-heavy concentration in five names remains a structural risk relative to the broader Nifty 500 benchmark.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Regular Growth | ₹1310.5600 | -2.38% | -8.88% | -9.91% | -4.77% | +16.27% | +17.38% |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
56
Top 5 Weight
33.90%
Top 10 Weight
52.13%
Active Share
—
Large Cap
74.62%
Gini
0.503
What Changed2026-03-31 → 2026-04-30
Holdings: 58 → 58+1 added−1 removed17 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Hindustan Unilever Ltd. | 0.61% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | ICICI Bank Ltd. INE090A01021 | 8.93% |
| 2 | HDFC Bank Ltd.£ INE040A01034 | 8.23% |
| 3 | Axis Bank Ltd. INE238A01034 | 7.22% |
| 4 | State Bank of India INE062A01020 | 4.81% |
| 5 | Maruti Suzuki India Limited INE585B01010 | 4.71% |
| 6 | Bharti Airtel Ltd. INE397D01024 | 4.59% |
| 7 | Kotak Mahindra Bank Limited INE237A01036 | 4.31% |
| 8 | SBI Life Insurance Company Ltd. INE123W01016 | 3.51% |
| 9 | TREPS - Tri-party Repo | 3.12% |
| 10 | Reliance Industries Ltd. INE002A01018 | 3.06% |
| 11 | HCL Technologies Ltd. INE860A01027 | 2.76% |
| 12 | Hyundai Motor India Limited INE0V6F01027 | 2.34% |
| 13 | Power Grid Corporation of India Ltd. INE752E01010 | 2.25% |
| 14 | Tata Steel Ltd. INE081A01020 | 2.04% |
| 15 | Infosys Limited INE009A01021 | 2.02% |
| 16 | Bajaj Auto Limited INE917I01010 | 1.93% |
| 17 | Britannia Industries Ltd. INE216A01030 | 1.84% |
| 18 | Eternal Limited INE758T01015 | 1.79% |
| 19 | Larsen and Toubro Ltd. INE018A01030 | 1.63% |
| 20 | JSW Steel Ltd. INE019A01038 | 1.63% |
Sector Allocation
Banks34.6%
Automobiles10.8%
IT - Software6.8%
Insurance6.0%
Telecom - Services4.6%
Ferrous Metals3.7%
Pharmaceuticals & Biotechnology3.6%
Healthcare Services3.3%
Petroleum Products3.1%
Power2.3%
Top 10 sectors by % to NAV. Excludes derivatives.